I've tried to short Bitcoin since 2017 because I'm a contrarian. When I see a sub where everyone is echo chambering and shilling Bitcoin, it made me wanna short. I went to BTCMiami in 2017 and all I saw were crypto moonbois with their lambos. Anyways, I've lost a lot of money. And the thing is, usually this works; but I have to make an exception for this contrarian strategy for Bitcoin. The risk/reward ratio is so much in favor of people who just hold some Bitcoin, it would be stupid to not hold any. Worst case scenario? You lose all your money. Best case? You make multiple hundreds or thousands of percent. So if I can risk just $100, and never look at it again, thats better than most people who "manage their investments". I'm sad that it took me this long to come to this realization. Never shorting this puppy again.
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